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Treasury releases proposed directors' liability reforms for public consultation
- Gilbert + Tobin
- -
- Australia
- -
- March 22 2012
On 27 January 2012, the Treasury released an exposure draft of the Personal Liability for Corporate Fault Reform Bill 2012
PPSA register commenced on 30 January 2012 but it's not all smooth sailing
- Gilbert + Tobin
- -
- Australia
- -
- March 22 2012
The national Personal Property Securities (PPS) Register commenced on Monday, 30 January 2012
Supreme Court of NSW considers scope of a vendor's obligation to do "all things necessary" in SWM Financial Services Pty Ltd v Lloyd
- Gilbert + Tobin
- -
- Australia
- -
- March 22 2012
This case concerned a contract for the sale of an accounting business by Mr Lloyd and Ms Wu (the vendors) to SWM Financial Services Pty Ltd (the purchasers
Bill introduced aiming to crack down on "phoenix" company activity
- Gilbert + Tobin
- -
- Australia
- -
- March 22 2012
The Corporations Amendment (Phoenixing and Other Measures) Bill 2012 (Cth) was introduced into Federal parliament on 15 February 2012
Bill introduced to improve the standard of audits in Australia
- Gilbert + Tobin
- -
- Australia
- -
- March 22 2012
The Corporations Legislation Amendment (Audit Enhancement) Bill 2012 (Cth) was introduced into Federal parliament on 29 February 2012
Further reforms to executive remuneration laws announced
- Gilbert + Tobin
- -
- Australia
- -
- March 22 2012
Following recommendations made by the Corporations and Markets Advisory Committee, the Government has announced that it will amend the Corporations Act 2001 (Cth) in order to improve disclosure in executive remuneration reports
Full Court of the Federal Court of Australia considers fiduciary and statutory duties owed by directors to a company in Omnilab Media Pty Limited v Digital Cinema Network Pty Ltd
- Gilbert + Tobin
- -
- Australia
- -
- March 22 2012
This case concerned a joint venture company, Digital Cinema Network Pty Ltd (DCN), which negotiated with film studios and cinema owners in preparing Virtual Print Fee (VPF) agreements with regards to US film studies providing financial assistance to cinema owners converting movie projections from analogue to digital
Victorian Supreme Court considers whether the cancellation of minority shares was "fair and reasonable" in Elkington v CostaExchange Ltd
- Gilbert + Tobin
- -
- Australia
- -
- December 14 2011
The plaintiff was a minority shareholder of the defendant company
Queensland Court of Appeal construes the effect of oral and written terms on a standard loan contract in Zamia Investments Pty Ltd v Mesana Pty Ltd
- Gilbert + Tobin
- -
- Australia
- -
- December 14 2011
Zamia Investments Pty Ltd (Zamia) and Mesana Pty Ltd (Mesana) were shareholders of Mini Tankers International Pty Ltd (MTI), a holding company with shares in Mini Tankers USA Inc (MT USA) and Mini Tankers Canada Ltd (MTC
High Court of Australia considers whether a court can declare an expert determination to be non-binding in Shoalhaven City Council v Firedam Civil Engineering
- Gilbert + Tobin
- -
- Australia
- -
- December 14 2011
In this case, the parties engaged an expert to resolve a dispute according to a term of their civil works contract
